Salient to Investors:

Top investing myths:

  1. Buy and hold forever. Better to buy and protect as companies and economies change. Have an exit plan to guard against catastrophic loss.
  2. Only performance matters. Let you investment objectives guide your investment selection and diversity.
  3. Charts are for traders. Charts are important tools and help manage risk. Use both technical and fundamental analysis.
  4. Buy the bottom. You cannot predict the bottom. Rule #1 in trading is not to win big but to make sure you don’t lose big.

Watch the video at https://us.etrade.com/ctnt/investor-education-center/ArticlePage?aid=a95f3219-ea14-48ca-8cb7-193ac59ef8b8&&ch_id=D&s_id=OUTB&&c_id=EDUVID

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On July 24, 2013   /   Investing, Stock Picking, Trading